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Side-by-side financial comparison of Freshworks Inc. (FRSH) and LendingClub Corp (LC). Click either name above to swap in a different company.
LendingClub Corp is the larger business by last-quarter revenue ($252.3M vs $228.6M, roughly 1.1× Freshworks Inc.). LendingClub Corp runs the higher net margin — 20.5% vs -2.1%, a 22.6% gap on every dollar of revenue. On growth, Freshworks Inc. posted the faster year-over-year revenue change (16.5% vs 15.9%). Over the past eight quarters, LendingClub Corp's revenue compounded faster (16.1% CAGR vs 14.6%).
Freshworks Inc. is a cloud-based software-as-a-service company, founded in 2010 in Chennai, India. The company provides cloud-based tools for customer relationship management (CRM), IT service management (ITSM), and e-commerce marketing.
LendingClub Corporation is an American financial services company headquartered in San Francisco, California. It was the first peer-to-peer lender to register its offerings as securities with the Securities and Exchange Commission (SEC), and to offer loan trading on a secondary market. At its height, LendingClub was the world's largest peer-to-peer lending platform. The company reported that $15.98 billion in loans had been originated through its platform up to December 31, 2015.
FRSH vs LC — Head-to-Head
Income Statement — Q1 FY2026 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $228.6M | $252.3M |
| Net Profit | $-4.8M | $51.6M |
| Gross Margin | 84.8% | — |
| Operating Margin | 11.6% | — |
| Net Margin | -2.1% | 20.5% |
| Revenue YoY | 16.5% | 15.9% |
| Net Profit YoY | -268.9% | 341.0% |
| EPS (diluted) | $-0.02 | $0.44 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q1 26 | $228.6M | $252.3M | ||
| Q4 25 | $222.7M | $266.5M | ||
| Q3 25 | $215.1M | $266.2M | ||
| Q2 25 | $204.7M | $248.4M | ||
| Q1 25 | $196.3M | $217.7M | ||
| Q4 24 | $194.6M | $217.2M | ||
| Q3 24 | $186.6M | $201.9M | ||
| Q2 24 | $174.1M | $187.2M |
| Q1 26 | $-4.8M | $51.6M | ||
| Q4 25 | $191.4M | — | ||
| Q3 25 | $-4.7M | $44.3M | ||
| Q2 25 | $-1.7M | $38.2M | ||
| Q1 25 | $-1.3M | $11.7M | ||
| Q4 24 | $-21.9M | — | ||
| Q3 24 | $-30.0M | $14.5M | ||
| Q2 24 | $-20.2M | $14.9M |
| Q1 26 | 84.8% | — | ||
| Q4 25 | 85.6% | — | ||
| Q3 25 | 84.7% | — | ||
| Q2 25 | 84.8% | — | ||
| Q1 25 | 84.8% | — | ||
| Q4 24 | 84.9% | — | ||
| Q3 24 | 84.0% | — | ||
| Q2 24 | 83.8% | — |
| Q1 26 | 11.6% | — | ||
| Q4 25 | 17.8% | 18.8% | ||
| Q3 25 | -3.5% | 21.5% | ||
| Q2 25 | -4.2% | 21.7% | ||
| Q1 25 | -5.3% | 7.2% | ||
| Q4 24 | -12.2% | 5.1% | ||
| Q3 24 | -20.8% | 8.9% | ||
| Q2 24 | -25.1% | 10.4% |
| Q1 26 | -2.1% | 20.5% | ||
| Q4 25 | 86.0% | — | ||
| Q3 25 | -2.2% | 16.6% | ||
| Q2 25 | -0.8% | 15.4% | ||
| Q1 25 | -0.7% | 5.4% | ||
| Q4 24 | -11.3% | — | ||
| Q3 24 | -16.1% | 7.2% | ||
| Q2 24 | -11.6% | 8.0% |
| Q1 26 | $-0.02 | $0.44 | ||
| Q4 25 | $0.66 | $0.36 | ||
| Q3 25 | $-0.02 | $0.37 | ||
| Q2 25 | $-0.01 | $0.33 | ||
| Q1 25 | $0.00 | $0.10 | ||
| Q4 24 | $-0.07 | $0.08 | ||
| Q3 24 | $-0.10 | $0.13 | ||
| Q2 24 | $-0.07 | $0.13 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $548.2M | — |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $1.0B | $1.5B |
| Total Assets | $1.6B | $11.9B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $548.2M | — | ||
| Q4 25 | $781.4M | — | ||
| Q3 25 | $813.2M | — | ||
| Q2 25 | $926.2M | — | ||
| Q1 25 | $995.3M | — | ||
| Q4 24 | $1.1B | — | ||
| Q3 24 | $1.1B | — | ||
| Q2 24 | $1.0B | — |
| Q1 26 | — | — | ||
| Q4 25 | — | $0 | ||
| Q3 25 | — | $0 | ||
| Q2 25 | — | $0 | ||
| Q1 25 | — | $0 | ||
| Q4 24 | — | $0 | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
| Q1 26 | $1.0B | $1.5B | ||
| Q4 25 | $1.0B | $1.5B | ||
| Q3 25 | $851.5M | $1.5B | ||
| Q2 25 | $984.6M | $1.4B | ||
| Q1 25 | $1.1B | $1.4B | ||
| Q4 24 | $1.1B | $1.3B | ||
| Q3 24 | $1.1B | $1.3B | ||
| Q2 24 | $1.1B | $1.3B |
| Q1 26 | $1.6B | $11.9B | ||
| Q4 25 | $1.6B | $11.6B | ||
| Q3 25 | $1.4B | $11.1B | ||
| Q2 25 | $1.5B | $10.8B | ||
| Q1 25 | $1.5B | $10.5B | ||
| Q4 24 | $1.6B | $10.6B | ||
| Q3 24 | $1.6B | $11.0B | ||
| Q2 24 | $1.5B | $9.6B |
| Q1 26 | — | — | ||
| Q4 25 | — | 0.00× | ||
| Q3 25 | — | 0.00× | ||
| Q2 25 | — | 0.00× | ||
| Q1 25 | — | 0.00× | ||
| Q4 24 | — | 0.00× | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $62.4M | — |
| Free Cash FlowOCF − Capex | — | — |
| FCF MarginFCF / Revenue | — | — |
| Capex IntensityCapex / Revenue | — | — |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $62.4M | — | ||
| Q4 25 | $62.3M | $-2.7B | ||
| Q3 25 | $63.5M | $-770.8M | ||
| Q2 25 | $58.6M | $-713.1M | ||
| Q1 25 | $58.0M | $-339.3M | ||
| Q4 24 | $41.4M | $-2.6B | ||
| Q3 24 | $42.3M | $-669.8M | ||
| Q2 24 | $36.3M | $-932.5M |
| Q1 26 | — | — | ||
| Q4 25 | $60.1M | $-2.9B | ||
| Q3 25 | $61.7M | $-791.8M | ||
| Q2 25 | $58.2M | $-803.8M | ||
| Q1 25 | $56.7M | $-352.3M | ||
| Q4 24 | $36.3M | $-2.7B | ||
| Q3 24 | $41.3M | $-682.3M | ||
| Q2 24 | $34.0M | $-945.3M |
| Q1 26 | — | — | ||
| Q4 25 | 27.0% | -1076.0% | ||
| Q3 25 | 28.7% | -297.4% | ||
| Q2 25 | 28.4% | -323.5% | ||
| Q1 25 | 28.9% | -161.8% | ||
| Q4 24 | 18.7% | -1237.8% | ||
| Q3 24 | 22.1% | -338.0% | ||
| Q2 24 | 19.5% | -504.9% |
| Q1 26 | — | — | ||
| Q4 25 | 1.0% | 52.7% | ||
| Q3 25 | 0.8% | 7.9% | ||
| Q2 25 | 0.2% | 36.5% | ||
| Q1 25 | 0.7% | 6.0% | ||
| Q4 24 | 2.6% | 25.0% | ||
| Q3 24 | 0.6% | 6.2% | ||
| Q2 24 | 1.3% | 6.9% |
| Q1 26 | — | — | ||
| Q4 25 | 0.33× | — | ||
| Q3 25 | — | -17.41× | ||
| Q2 25 | — | -18.68× | ||
| Q1 25 | — | -29.07× | ||
| Q4 24 | — | — | ||
| Q3 24 | — | -46.33× | ||
| Q2 24 | — | -62.57× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
